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7 will round up.
Round down
To the nearest hundred thousand - you would round it down- you 2300000
To the nearest cent - it would be 7.00. When rounding up or down - ALWAYS look at the next digit in line. If it's 5 or more, you round up - 4 or less, and you round down.
The answer depends on what operation you wish to carry out with the two numbers. If subtraction or division, the I would round both down or both up. If addition or multiplication, then I would round one up and the other down.